Highest Payout Online Casinos

If you’re playing to win, then you need to find out which online casino has the highest payout in Canada. By selecting an online casino with high payout percentages, luck will be on your side as you maximize your winnings. Though there’s an overwhelming amount of online casinos to choose from, we’re here to help you sort your options through. Check out the following article for an expert list of the highest payout online casinos for Canadian players, as well as a comprehensive guide on the logistics of high payouts. 

  • CosmicSlot

    100% Deposit Bonus up to $700 CAD

    +100 Free Spins

    Total rating: 4.3/5

    19+. This offer is not available for players residing in Ontario.

    • Deposit bonus: $700
    • Minimum Deposit: $30
    • Free spins: 100
    • Wagering: 45x
    • Payout speed: 4.5/5
    • Trust rating: 4/5
  • 888 Casino

    100% bonus up to C$200

    Total rating: 4/5

    19+. This offer is not available for players residing in Ontario

    • Deposit bonus: $200
    • Minimum Deposit: $10
    • Wagering: 30x
    • Payout speed: 3/5
    • Trust rating: 4/5
  • All Slots

    Matched deposit bonus up to C$1,500

    100% deposit bonus on the first three deposits up to $500

    Total rating: 4.5/5

    19+. This offer is not available for players residing in Ontario

    • Deposit bonus: $1,500
    • Minimum Deposit: $10
    • Wagering: 70x
    • Payout speed: 5/5
    • Trust rating: 4/5
  • Betway Casino

    100% bonus up to C$250

    Total rating: 4/5

    19+. This offer is not available for players residing in Ontario

    • Deposit bonus: $250
    • Minimum Deposit: $10
    • Wagering: 50x
    • Payout speed: 4/5
    • Trust rating: 4/5
  • Casino Days

    100% bonus up to C$1,000

    + 100 Free Spins

    Total rating: 3.5/5

    19+. This offer is not available for players residing in Ontario

    • Deposit bonus: $1,000
    • Minimum Deposit: $20
    • Free spins: 100
    • Wagering: 35x
    • Payout speed: 4/5
    • Trust rating: 2/5
  • Casumo

    100% bonus up to C$500

    + 115 Free Spins

    Total rating: 4.3/5

    19+. This offer is not available for players residing in Ontario

    • Deposit bonus: $500
    • Minimum Deposit: $20
    • Free spins: 115
    • Wagering: 30x
    • Payout speed: 4/5
    • Trust rating: 4/5
  • Jackpot City

    Matched deposit bonus up to C$1,600

    100% deposit bonus up to $400 on the first four deposits

    Total rating: 3/5

    19+. This offer is not available for players residing in Ontario

    • Deposit bonus: $1,600
    • Minimum Deposit: $10
    • Wagering: 70x
    • Payout speed: 3/5
    • Trust rating: 3/5
  • LeoVegas

    Matched Deposit Bonus up to C$1,000

    + 200 Free spins

    Total rating: 4.5/5

    19+. This offer is not available for players residing in Ontario

    • Deposit bonus: $1,000
    • Minimum Deposit: $10
    • Free spins: 200
    • Wagering: 20x
    • Payout speed: 5/5
    • Trust rating: 4/5
  • LuckyDays

    Matched deposit bonus up to C$1,500

    + 100 Free Spins

    Total rating: 3.3/5

    19+. This offer is not available for players residing in Ontario

    • Deposit bonus: $1,500
    • Minimum Deposit: $20
    • Free spins: 100
    • Wagering: 25x
    • Payout speed: 4/5
    • Trust rating: 3/5
  • Royal Vegas Casino

    Matched deposit bonus up to C$1,200

    Total rating: 2.8/5

    19+. This offer is not available for players residing in Ontario

    • Deposit bonus: $1,200
    • Minimum Deposit: $10
    • Wagering: 70x
    • Payout speed: 3/5
    • Trust rating: 4/5

Table of Contents

Understanding Online Casino Payout Percentages

When we say payout percentage, we’re referring to the calculation of the number of bets placed on a game against the amount of real money paid out in winnings. This percentage can either refer to the online casino’s combined payout rate average for all games or a specific game. While online Canadian casinos may vary in their payout percentages, specific game rates are consistent. Oftentimes, you will see the online casino refer to the payout percentage of games as RTP. 

What is RTP?

RTP stands for Return to Player percentage, referring to the statistical figure of a game “returning money” to a player. Many online casinos will have an RTP page and rank their highest-performing games. You can expect their highest payout games to score above 95% in RTP, with online slots being the most popular. 

An interesting fact about online casinos is that they have a higher RTP rate than land-based casinos. While land-based slot machines have an RTP rate of only 85%-90%, popular online slots boast a rate of more than 95%. 

If you’re interested in finding out which games have the highest RTP, stay tuned!

Best High Payout Casino Games in Canada

When considering all the different categories of casino games, including classic tabletop games and live-dealers, we also evaluate the house-edge. The term house-edge refers to the advantage a casino has with a player’s bet for a particular game in the form of a mathematical figure. As the saying goes, “the house always wins”. At the same time, the best thing about house-edge with classic tabletop games is that the percentage goes down as the player’s skills improve. 

Some games have a naturally lower house edge, while some games can have a larger percentage range of where the house edge falls. Differing bet availability based on which game variant you play can also affect the house edge. In turn, the RTP can vary a lot depending on what you play. Check out this table for a breakdown of casino games with the highest payouts.

Best High Payout Casino Games
Casino GamesAverage RTP
🎲 American Roulette95%
🎲 Baccarat98%
🎲 Blackjack99.5%
🎲 Craps98.6%
🎲 Keno95%
🎲 Scratchcards 95%
🎲 Slot games93% – 97%
🎲 Video Poker99%

Highest Payout Slots in Canada

Gamblers pay special attention to the different RTP rates of slot games due to the dazzling tens of thousands of variations this genre provides. While progressive jackpot slots have a lower RTP rate due to the lucrative grand prize, many slot games are more generous with smaller payouts. With popular game providers like NetEnt, Pragmatic Play, Playtech, and more, you can enjoy a thrilling experience while maximizing your real money winnings.

Highest Payout Slot Games
Casino GamesAverage RTP
🎰 Ugga Bugga (Playtech)99.07%
🎰 Mega Joker (NetEnt)99%
🎰 Monopoly Big Events (Barcrest)99%
🎰 Ooh Ahh Dracula (Barcrest)99%
🎰 Tropic Reels (Playtech)99%
🎰 Jackpot 6000 (NetEnt)98.8%
🎰Uncharted Seas (Barcrest)98.5%
🎰The Catfather (Pragmatic Play)98.1%

Finding the Highest Online Casino Payout in Canada

When thinking of high payout online casinos in Canada, many have a payout rate of over 90%. To evaluate the best online casino payout and figure out which online casino site is the right one for you, there are multiple factors to consider:

RTP of Games

Does this casino have a wide range of high RTP rate games? Consider whether you like the house edge of the tabletop game variants of this casino. 

Game Selection

Does this casino have the games you want? There’s no meaning to high RTP rates if you can’t find the game you’re looking for. Some online casinos are geared towards live-dealer games, while some online casinos are focused on slots

Bonuses

Welcome bonus offers and reload bonuses are some of the best ways to boost your winnings for a spectacular playing night. Some casinos also offer no deposit bonuses or no-wagering bonuses!

Reviews

Due to the unfortunate increase in fraudulent practices, players must keep in mind whether the online casino is legitimate. A good online casino should have positive reviews by real players. 

Safety

To make sure you can safely withdraw your winnings while keeping your private information confidential, please check if your selected online casino is properly licensed and authenticated by a major regulatory organization. MGA (Malta Gaming Authority) and the Kahnawake Gaming Commission are esteemed and reputable organizations in the gambling industry. 

Third-Party Testers for Game Fairness

You may wonder, who tests these RTP rates? The answer is third-party regulatory organizations. 

eCOGRA is a very popular tester by game operators for slot games and other non-live games. GLI (Gaming Labs International) and its subsidiary company, TST (Technical Systems Testing) is the to-go option for live games. 

Of course, there are other testing organizations. You will, however, find most online casinos referencing eCOGRA and GLI/TST. 

Finding the Right Bonus

Bonuses are one of the most enticing features an online casino can offer you. By taking advantage of high bonus offers, your payout will be enhanced to its full potential. To find the right bonus to go with your high payout game, you should consider the following checklist.

  1. Amount – How much bonus fund is this casino offering you in comparison to competing casinos?
  2. Bonus % vs. Max Amount Matched – If you’re a beginner or a moderate player, then what you want is a big bonus percentage, rather than a high maximum. High-rollers should consider a higher max amount to enjoy what your substantial deposit can bring you. 
  3. Wagering Requirement – The industry standard is between 30x to 40x. Conservative players should seek an even lower wagering requirement for good payout ratios. 
  4. Wagering Contribution – If you’re not a slot player, look for a site that has your desired category included with the wagering contribution. Keep in mind that although wagering contributions that include categories like tabletop games or live dealers are uncommon, they do exist. 
  5. Game Eligibility – Make sure to check which games are eligible for the promotion, as bonuses aren’t usually offered for every game in a casino’s library. Slot bonuses are the most popular. 

Withdrawing Your Winnings

Identification documents are always needed to authenticate your identity before you can draw any winnings. For anti-money laundering purposes, online casinos will always prefer your withdrawal method to be the same vendor you’ve made your deposit with. To note, your withdrawal processing time will also depend on your banking method. The good thing for Canadian players is that we have a wide variety of payment methods to choose from.

Popular Payment Methods
VisaDebit card/credit card
MastercardDebit card/credit card
American ExpressDebit card/credit card
Apple PayDigital wallet
BokuPay by phone bill service
EcoPayzPrepaid payment service
FlexepinPrepaid payment service
Google PayDigital wallet
iDebitBank transfer service
InstadebitPrepaid payment service
Interac e-TransferBank transfer service
Interac OnlineBank transfer service
MuchBetterDigital wallet
NeosurfPrepaid payment service
PaysafecardPrepaid payment service
Pay by Phone BillPhone bill payment
SkrillDigital wallet
TrustlyBank transfer service
Bitcoin/Ethereum/XRP/TetherCryptocurrency
ZimplerDigital wallet

Highest Payout Online Casino FAQs

Does Every Game Have An RTP Rate?

Yes, theoretically every game should, though some rates are harder to find than others. When it comes to tabletop games, the RTP rate will also vary depending on which variant you play. 

What Is A Payout Percentage?

It is the calculation of the number of bets placed on a game against the amount of real money paid out in winnings.

Do Online Casinos Offer The Same RTP %s As Land-Based Casinos?

Online casinos actually have a much higher RTP rate than land-based casinos. You can find many slot games at around 95%-97% RTP, while land-based slot machines are somewhere around 85% – 90% RTP. 

Do Online Casinos Have A Higher Payout % Than Land-Based Casinos?

Online casinos have a higher RTP than land-based casinos, so you can expect great payout online casinos. 

Are There Any Games With A 100% RTP?

No, but you can find blackjack to be very close to that, with a rate of 99.5%!

Are Online Casinos Mobile Friendly?

Yes! Not only can you play online casino games with browsers on mobile devices, but many online casinos also have apps for your convenience.